There is more to retirement than just saving and investing, it’s about retiring with confidence through generating an ongoing income stream that will meet your retirement expenses. This is where annuities can play an important role in your overall retirement plan. Whether you’re looking for guaranteed income now, or are just trying to increase your retirement savings, there are many annuity solutions you may want to consider.
How Do Annuities Fit Into Your Life?
For Those Saving for Retirement
There are a wide range of deferred annuities, which can provide tax-deferred growth potential, which allows you to save more for retirement.
Transitioning to Retirement
Annuities with lifetime income benefits allow you to prepare for your retirement by creating a pension-like income stream and helping you protect your savings from loss.
Living in Retirement
Immediate income annuities can offer peace of mind knowing that you have a source of guaranteed income that will last as long as you want, or as long as you live.
Our Annuities Solutions
Multi-Year Guarantee Annuities (MYGA)
Protect and grow your savings.
Multi-year guaranteed annuities provide you with tax-deferred growth, and similar to a CD’s, these annuities offer a fixed rate of return for a set period of time. 1
Single Premium Immediate Annuities (SPIA)
Income you can count on.
Like a pension, single premium immediate annuities pay a guaranteed income amount until you or your spouse dies, or for a specified period of time. These annuities can make retirement planning easier due to their predictability.
Upside potential without the downside risk.
With fixed indexed annuities, the interest rate you earn on your premium it tied, in part, to a published market index, giving you the opportunity to participate in the upside of the market without owning equities. Your premium is protected form loss due to market declines. Optional riders can be purchased for a fee which can provide additional benefits such as guaranteed lifetime income, increased liquidity, or enhanced death benefit options.
1 Deferred fixed annuities are not FDIC insured.
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